Hotel Molokai Commercial

1300 Kamehameha V Highway, Kaunakakai, Maui 96748 Get Directions

$4,900,000

 

Total SqFt
21,222
Lot Size Area
106,722 SqFt
Land Tenure
Fee Simple
MLS #
202418077
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Overview

FEE SIMPLE OCEANFRONT HOTEL FOR SALE! Incredible opportunity to acquire the oceanfront Hotel Moloka'i, the island's only hotel. The offering includes 49 hotel units as well as 2 commercial units, for a total ownership of 51 of the total 59 units in the Hotel Moloka'i project. Amenities include a pool, restaurant/bar, front desk, and gift shop. The property is a turnkey operation with stable in-place cash flow with ample upside opportunity. CPR Units: 1, 3-6, 9-10, 13-36, 39-41, 43-59 Manager's home, TMK 2-5-4-2-57, is also available as an optional purchase with the property, priced at $580,000.

Property Details

Amenities
Other
Building Name
Hotel Molokai
Business Type
Hotel/Motel
Construction Materials
Wood Frame
Flooring
Wood
Neighborhood
Molokai Central
Number Of Units Total
51
Parking Features
Unassigned
Parking Total
41
Property Frontage
Main Street
Property Type
Commercial/Industrial
Interior SqFt
21,222
Total SqFt
21,222
Status
Active
Stories
2
Year Built
1968

Additional Property Info

Days on Market
86
Elementary School
Kaunakakai
Flood Zone
Zone AE
High School
Molokai
Middle/Junior School
Molokai
Property Condition
Above Average
Roof
Shake
Tax Amount
$69,947
Tax Assessed Value
$8,456,600
Tax Assessed Value Improvements
$7,688,200
Tax Assessed Value Land
$768,400
Utilities
Gas, Large Water Meter, Light Electricity
Zoning
Neighbor Island - See Remarks

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Standard Management LLC Courtesy of Michael M Okamoto, Standard Management LLC.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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